|Posted: Sun Jul 17, 2005 5:40 pm Post subject: Recent Letters to the Editor
|XXX, thanks very much for the email. You're certainly right about executing too soon. I'm use to a high volatility market, and haven't completely adjusted to a low and falling volatility market. For example, I recall buying $500 of ATHM calls, selling at $2,500 within an hour or two, buying another $500 of ATHM calls, and selling them for $2,500 again, within the same day. However, I believe, this tough trading market has improved me in other areas, to make up for weaker tactical trades. I'll send you all the investment club information when it's completed. I really appreciate your loyalty. Arthur
> Eventhough you suffered a losing streak during the recent months, you have performed beatifully. I have learnt a lot from both your winning and your losing trades.Personally, I believe in your huge potential and I have enormous confidence that in the long haul you will be a great success.
> I have been following the market and your trades everyday, if you don't mind, I really want to tell you how I feel about your trades. You have all the potential huge winners, but most of the time you execute too soon, if you could learn to wait(which is what I am trying to learn), the return would be phenomenon.I have been experimenting over the past year some of my observations which result in ten and twenty fold return in a short period of time. I wish I could implement it in a big way some day.
> Thank you for your invitation to your investment club, I am VERY MUCH interested. Please count me in and let me know the details. XXX
XXX, thanks very much for your email. It's been a brutal trading market over the past two months, after my six month winning streak. I'm very sorry I couldn't help you make money. I'll be posting free articles on http://www.searchwarp.com click "Finance," and then click "Investing." Thanks very much for your interest in PeakTrader.com, and I'm sure you'll become more successful. Arthur
> Hi Arthur,
> I followed you trading for about 2 months. I came to the conclusion that
> you are a fantastic person, with great knowledge, a lot of nerve and money is
> not the only thing for you.
> I thank you for the possibility, but I will not subscribe to your services
> because I am only loosing by trying to follow you,since the insufficient
> knowledge and poor technical dotations.
> Thank you again and wish you all the best,
Thanks for your note.
Over the years, I’ve experienced similar severe trading downturns—more than I care to discuss!--and it is certainly no fun. It’s nice to see you bouncing back and returning to your original sound strategies, which have served you so well. I’m sure you’ve done a “post mortem” on what occurred, and I’m sure some subscribers have offered their 5-cents worth. However, should you ever want additional “opinions”, I’d be pleased to offer mine based on what I observed by following your daily updates during that rough period.
I would be interested in the investment club, so please keep me informed.
Thanks…and Good Trading Ahead!